Offer custom portfolios using funds in your lineup

This service will allow you and your advisor or consultant to design portfolios from your plan’s existing lineup to create customized portfolios tailored to your employees and your plan. Each portfolio may be offered as a Qualified Default Investment Alternative (QDIA).

A sophisticated administrative platform

Highly experienced in complex plan administration, Lincoln has remained at the forefront of the industry to offer the Lincoln LifeSpan service to plans for more than a decade. This level of customization, typically available to only the largest defined contribution plans, is available for all plans under the Lincoln Alliance® program.

Provide participants with flexibility

Plan participants may prefer making an all-in-one choice as their retirement approach. A wide range of portfolios can be developed, from target-risk portfolios to target-date portfolios — and any combination of the two.

You may choose from the following types of custom portfolios:

Combination target-date and target-risk

Conservative, moderate and aggressive glide paths

Target-date

A single glide path*

Retirement allocation

Conservative, moderate and aggressive risk-based portfolios

Intended for participants in retirement or within five years of retirement

Target-risk

Conservative, moderate and aggressive risk-based portfolios

*When a portfolio reaches its target date (e.g., 2035), the assets in the portfolio are transferred to the Retirement Allocation Portfolio.

Automatic rebalancing and periodic allocation changes

Understanding that periodic portfolio rebalancing plays a key role in mitigating risk, LifeSpan portfolios are rebalanced quarterly to ensure that they remain consistent with their intended strategies.

Access to fiduciary support

Depending on fiduciary needs, you may decide to engage your consultant or advisor as either an ERISA 3(21) fiduciary to provide advice related to the portfolios or as an ERISA 3(38) fiduciary to provide discretionary investment management services for the portfolios or you can delegate the role of custom portfolio design and oversight to Morningstar Investment Management LLC, a subsidiary of Morningstar. Morningstar will act as a 3(38) discretionary fiduciary under this service.

Mutual funds in the Lincoln Alliance® program are sold by prospectus. An investorshould consider carefully the investment objectives, risks, and charges and expenses of the investment company before investing. The prospectus and, if available, the summary prospectus contain this and other important information and should be read carefully before investing or sending money. Investment values will fluctuate with changes in market conditions so that, upon withdrawal, your investment may be worth more or less than the amount originally invested. Prospectuses for any of the mutual funds in the Lincoln Alliance® program are available at 800‑234‑3500.

LifeSpanSM is an example of a custom portfolio service. Custom portfolios use the investment options available in the retirement product or program and are designed to help an individual select the investment options that best align with their retirement goals. They offer the option to select from either target-date or target-risk portfolios. Asset allocation does not ensure a profit or protect against loss.

This material is provided by The Lincoln National Life Insurance Company, Fort Wayne, IN, and, in New York, Lincoln Life & Annuity Company of New York, Syracuse, NY, and their applicable affiliates (collectively referred to as “Lincoln”). This material is intended for general use with the public. Lincoln does not provide investment advice, and this material is not intended to provide investment advice. Lincoln has financial interests that are served by the sale of Lincoln programs, products and services.